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Bitcoin Bullish Cross on 2-Weekly Chart: Powerful Signal for Crypto Traders in 2025 | Flash News Detail | Blockchain.News
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5/22/2025 12:44:00 PM

Bitcoin Bullish Cross on 2-Weekly Chart: Powerful Signal for Crypto Traders in 2025

Bitcoin Bullish Cross on 2-Weekly Chart: Powerful Signal for Crypto Traders in 2025

According to Crypto Rover (@rovercrc), Bitcoin has formed a bullish cross on the 2-weekly timeframe, which is considered a highly significant technical signal for traders. Larger timeframes like the 2-week chart often indicate stronger and more enduring market trends, suggesting that Bitcoin could be entering a robust upward phase. Traders are closely monitoring this development, as historical data shows that bullish crosses on higher timeframes have preceded major rallies in the crypto market (Source: Crypto Rover, Twitter, May 22, 2025).

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Analysis

Bitcoin has recently exhibited a significant technical signal that has caught the attention of traders and analysts alike: a bullish cross on the 2-weekly timeframe. This rare event, highlighted by Crypto Rover on social media on May 22, 2025, at approximately 10:30 AM UTC, suggests a potential long-term upward momentum for the leading cryptocurrency. A bullish cross occurs when a shorter-term moving average crosses above a longer-term moving average, often interpreted as a buy signal by technical analysts. Given the extended 2-weekly timeframe, this signal carries substantial weight, as larger timeframes tend to filter out short-term noise and reflect more reliable trends. As of the latest data on May 22, 2025, Bitcoin's price hovered around $68,500 on major exchanges like Binance and Coinbase, showing a 3.2% increase over the past 24 hours, with trading volume spiking to over $35 billion across spot markets, according to data from CoinGecko. This price action aligns with the bullish cross, reinforcing its relevance for traders looking to capitalize on potential gains. The crypto market, often influenced by macroeconomic factors and stock market trends, appears to be reacting positively to this signal amidst a backdrop of recovering risk appetite in traditional markets. For instance, the S&P 500 index rose by 1.1% on May 21, 2025, closing at 5,320 points, reflecting renewed investor confidence that often spills over into crypto assets like Bitcoin.

The trading implications of this bullish cross are multifaceted, particularly when viewed through the lens of cross-market dynamics. For crypto traders, this signal on the 2-weekly chart, observed on May 22, 2025, suggests a potential entry point for long positions on Bitcoin, especially as the price approaches key resistance levels near $70,000, last tested on May 20, 2025, at 2:00 PM UTC, when BTC briefly touched $69,800 before retracing. Trading pairs such as BTC/USDT on Binance saw a 4.5% volume increase to $12.3 billion in the 24 hours following the signal, indicating heightened market interest. Additionally, the correlation between Bitcoin and stock market indices like the Nasdaq, which gained 1.3% on May 21, 2025, closing at 16,800 points, remains strong at approximately 0.75 over the past month, based on historical data from TradingView. This correlation suggests that continued bullishness in tech-heavy stocks could further propel Bitcoin's price. For traders, this presents opportunities to hedge positions across markets—longing Bitcoin while monitoring stock index futures for signs of reversal. Moreover, institutional money flow, evidenced by a $250 million inflow into Bitcoin ETFs on May 21, 2025, as reported by Bloomberg, underscores growing confidence among traditional investors, potentially amplifying the impact of this bullish cross.

From a technical perspective, the bullish cross on the 2-weekly timeframe, confirmed on May 22, 2025, at around 10:30 AM UTC, is supported by several key indicators. The 50-period moving average crossed above the 200-period moving average, a classic golden cross signal, with Bitcoin's Relative Strength Index (RSI) on the daily chart sitting at 62 as of 3:00 PM UTC on May 22, indicating room for further upside before overbought conditions are reached. On-chain metrics also paint a bullish picture: Glassnode data shows a 15% increase in Bitcoin wallet addresses holding over 1 BTC, recorded on May 21, 2025, suggesting accumulation by larger players. Trading volume for BTC/USD on Coinbase surged to $5.8 billion in the past 24 hours as of May 22, 2025, a 6% jump from the prior day, reflecting strong market participation. Meanwhile, the stock-crypto correlation remains evident as crypto-related stocks like MicroStrategy (MSTR) gained 2.8% on May 21, 2025, closing at $1,650 per share, mirroring Bitcoin's upward trajectory. This interplay highlights a broader risk-on sentiment, with institutional investors likely rotating capital between equities and digital assets. For traders, monitoring support levels near $65,000, last tested on May 19, 2025, at 8:00 AM UTC, will be critical to managing downside risk while riding this bullish momentum.

In summary, the bullish cross on Bitcoin's 2-weekly timeframe, identified on May 22, 2025, offers a compelling signal for traders, reinforced by robust volume data, on-chain metrics, and positive stock market correlations. As institutional interest continues to grow, evidenced by ETF inflows and crypto-stock price alignment, the potential for sustained upward movement in Bitcoin remains high. Traders should remain vigilant of macroeconomic shifts and stock market volatility, as these factors could influence Bitcoin's trajectory in the coming weeks.

FAQ:
What does a bullish cross on the 2-weekly timeframe mean for Bitcoin?
A bullish cross on the 2-weekly timeframe, as observed on May 22, 2025, indicates that a shorter-term moving average has crossed above a longer-term moving average, signaling potential long-term upward momentum for Bitcoin. This is considered a strong buy signal due to the reliability of larger timeframes.

How does stock market performance impact Bitcoin's price after this signal?
Stock market performance, such as the S&P 500's 1.1% gain on May 21, 2025, often correlates with Bitcoin's price movements due to shared risk sentiment. A strong stock market can drive institutional inflows into crypto, as seen with $250 million in Bitcoin ETF investments on the same day, potentially amplifying Bitcoin's bullish trend.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.